Wichita eagle. [volume] (Wichita, Kan.) 1886-1890, 1887-03-13
BOOMING WICHITA


J. B. Legg has just returned from the
booming western town of Wichita, and is
quite as enthusiastic over the remarkable
real estate speculation as if he had made
million there He says he knows of st.
Louis Spectator who has invested $500, 900
in Wichita town lots, and who ii buying
steadily with the determination not to sell
foot of his land until he can dispose of
the whole of it at one swoop and clear
$3.50, 900 profit. Some Of the large local
spectators of the town-George H. Black
wellaer for instance, q man who has al
tate-have commenced to operate
Ala, and Fort Scott, Kan, all aspiring
cities, fiourishing on their respective
booms. Mr.. Legg says it may sound a
owners of St. Louis, but it is nevertheless
talking earnestly about the western suburbs
of this city for future investments. "You
may SMILE" resumed Mr.. Legg, but
what tell you is true. All of them take
the Globe Democrat down there, and are
as well posted On the price Of real estate as
we are at home. Every man in the town
who has speculated in real estate has made
big money Some of them feel that there
will be collapse some day, and those who
have realized largely on their investments
want to put their money into more stable
property. expect it is that which creates
the talk heard about our western suburbs.
On the other hand, there are great
many men who have unbounded
faith in the future of Wichita
ard that class of its citizens are
investing their profits in improving the
place. never was the like There is not
house or room for rent in the town, and
building and improvements are going up in
all directions. !" mo" continued Mr..
Legg, in answer to question. there is
not street made in the town, but tina:
makes no difference. they don't need any
All they have to do is to throw up the
street little in the center SO the water can
run OFF, and then it nevea gets muddy the
soil is 50 sandy. spoke to Mr.. Black
welder. He refused $50, 900 for the 140x
100 foot lot on the northwest corner Of
Market and First streets, aud he has closed
"a contract with ME to prepare the plans for
him to build five story $4,000 building
on the ground This building is to be fur
nished with all modern appliances, includ-
ing steam heating end elevators. 1t will be
built with st. Louis pressed brick,
trimmed with red stone, and there is no
doubt that the contract for the iron work
will be awarded to St Louis manufacturers
H. Swei.er is another Man who has made u
fortune in Wichita realty. About week
ago he bought 24x25' foot lot on the
northeast corner of Main and Douglas
streets for $50, 00G, and he has authorized
me to prepare plans and specifications for
seven story building which he is going to
put up on a 60XI40 foot lot on the north
side Of Douglas near Topeka avenue. This
structure will cost $50. 600. aud the nateri
al 10 buid it, especially the brick and iron,
will be furnished by St. Louis | have
just finished a set Of plans for O. c. Daisy.
who is going to put up a three-stOry SIS 900
business house on the east side OF Topeka
avenue, south Of Douglas The material for
this, a 4Sx125 foot building, will he ST
Louis pressed brick and Warrensburg mo. }
stone, and estimates for the iron work are
now being taken in this city Messrs. Eek
arr! 6 Scott are having plans prepared for
them 10 put up fouI story $l1 600 build
ing. which they are going to erect on Main
street south of Douglas. and the same sort
Of an improvement will be put up adjoin-
ing it by Fred Stookman, who has already
commenced work on the foundation. 81.
Louis will supply the brick and Warrens-
burg the stone for both these houses The
mayor OF the town, Hon T. +. Aidrich, has
also become wealthy from dealing in real
estate. and is having drawings made for
$12 900 brick residence to be built for his
own occupancy on College Hill. Mr..
Pratt is to have an equally fine residence
on North Topeka avenue"